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Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.

### Instruction:
Summarize an article about the effect of taxation on economic growth.

### Input:
The article examines the impact of taxation on economic growth and trends from 1960 to 2008. It finds that taxation has a negative effect on economic growth in the long-term, with a declining impact over this period. The study further finds that lower taxes may be beneficial for growth in the short-term, but the long-term benefits are not significant.

### Response:
assistant
This article examines the correlation between taxation and economic growth from 1960 to 2008 and finds that taxation has a negative impact on economic growth in the long-term. The study also finds that lower taxes may be beneficial in the short-term, but the long-term effects are insignificant. The results suggest that the government should strive to create tax structures that favor growth in the short-term while minimizing any potential long-term negative effects on growth.